KYC Data leak - page 4. | Bitcointalksearch.org

reflector

sr. member

Activity: 826

Merit: 263

Quote from: madushanperis11 on March 24, 2018, 01:28:05 PM

Now things are getting out of order and control due to huge number low quality projects and ICOs. I have seen some websites asking KYC for bounty and airdrops and their intention it not KYC but to delay token distribution. They do not give any importance to people's privacy

There is a possibilities to leak the KYC details to the Darkweb sites as well as your Government authorities also share details to the corporates and advertisement companies. I see many news that some people steel the SSN ID information and etc.
This is not a right move by the both of this side dude. We need to invest on the ICO project unless we do not have faith on the project after we watch the white paper and believe that.

shazib083

newbie

Activity: 196

Merit: 0

This is the main reason i dont usually participate in the ICOs. If anyone's data is so insecure in such space/company how can one be so satisfied with the tokens of the company. The Bitcoin was intended to be anonymous as well as its holders. However, this kind of new system of keeping KYC of the customers is out of the blockchain technology's primary motive. I scare some day some person will be affected for this so called KYC of cryptospace as there always some wrong hand behind the scenario.

Lyne01

member

Activity: 224

Merit: 10

Quote from: flowers5 on March 12, 2018, 12:01:40 PM

And this is how your passports get on the dark web.

https://thenextweb.com/hardfork/2018/02/07/sentinel-chain-ico-leak-passport/

This is why we cannot blame those companies or countries banning cryptocurrencies and ICOs because of this act. This is now the effect of KYC of those scams ICOs. If this continues, then everything will have a negative impact to the price and the whole crypto world.

madushanperis11

member

Activity: 182

Merit: 11

Now things are getting out of order and control due to huge number low quality projects and ICOs. I have seen some websites asking KYC for bounty and airdrops and their intention it not KYC but to delay token distribution. They do not give any importance to people's privacy

Boristhecat

hero member

Activity: 756

Merit: 629

Judging by the comments, those projects that introduce KYC seriously reduce the number of their potential participants.

Rotsor

full member

Activity: 309

Merit: 102

Presale is live!

I cant understand how people invest in these ICOs leave alone giving their personal documents like passport to them. You have to be pretty crazy to trust these ICOs with no regulatory over watching them. Most of the ICOs currently are nothing but smoke.

cool kong

member

Activity: 81

Merit: 10

These are all bad ico teams who leaked our kyc data. I really hate this kind of thing. They are really irresponsible.

DeepChipolino

member

Activity: 658

Merit: 11

As much as we do not want it, but the trend is that the KYC will ask more and more. To reduce the chance of using our data, we can send such documents as a driver's license. Also, on the photo of the document, you can write something like "for KYC only".

deevan

jr. member

Activity: 238

Merit: 7

That is why never to send your personal documents for KYC verification, I don't like this stuff because I am not sure to whom I am sending and it will be safe or not. As with these documents, anyone can impersonate your identity or it can be sold to in bad hands, and with that, they may use your identity to participate in other ICOs or using your identity for account verification on crypto exchanges or for other illegal stuff. Better to buy it from decentralized exchanges like forkdelta or IdeX.

chocolaty

member

Activity: 294

Merit: 14

Quote from: flowers5 on March 12, 2018, 12:01:40 PM

And this is how your passports get on the dark web.

https://thenextweb.com/hardfork/2018/02/07/sentinel-chain-ico-leak-passport/

That is very clumsy. I do hope that there will be no more cases of KYC data leaks. People trusted that this people will handle their private information carefully but look what happened, it's a mess. I recently signed up for KYC and I am hoping that my info is being handled well and will be secured.

bellanas

member

Activity: 392

Merit: 20

Therefore, I do not participate in such projects where you need to send documents or bypass them. I'm afraid for the leak.

RDNX

member

Activity: 392

Merit: 11

Quote from: flowers5 on March 12, 2018, 12:01:40 PM

And this is how your passports get on the dark web.

https://thenextweb.com/hardfork/2018/02/07/sentinel-chain-ico-leak-passport/

This is what I fear from KYC. Personally, I don't trust a stranger to get my detail personal information.
Crypto world should be anonym. But sometimes ICO destroy it with KYC thing.

ilnick

newbie

Activity: 322

Merit: 0

Since most tokens become cheaper after listing on the exchange, it makes no sense to buy them even with a bonus on ICO. If you take into account the fact that often ask for a KYC, then the purchase on the stock exchange looks most reasonable.

Palider

hero member

Activity: 1273

Merit: 507

Quote from: flowers5 on March 12, 2018, 12:01:40 PM

And this is how your passports get on the dark web.

https://thenextweb.com/hardfork/2018/02/07/sentinel-chain-ico-leak-passport/

Omg, this is one of my reason why im not joining some ico though its hard to put a trust as of now. Kyc procedure is a must right mostly on the icos?, but i think kyc procedure should be erase though lot of users being fooled by someone , so i suggest that be more aware thats all.

cardoyasilad

sr. member

Activity: 658

Merit: 250

This is one of the reason why i'm not joining ico requires kyc because there are chances that your data will be leaked we should go for civic and velix.id

webmone

member

Activity: 287

Merit: 10

Quote from: flowers5 on March 12, 2018, 12:01:40 PM

And this is how your passports get on the dark web.

https://thenextweb.com/hardfork/2018/02/07/sentinel-chain-ico-leak-passport/

I can not be sure of the integrity of the organizers of the verification of the KYC and for security reasons I refuse to participate in projects requiring verification.

yslyv

hero member

Activity: 1078

Merit: 537

i also registered to this ico with my own passport. this was last time. i will not send any of my documents to anywhere anymore. anyway it is better to buy from exchanges nowadays. And i dunno why do we need to send our passport to them. crypto market trades are anonymous..

bituperio

member

Activity: 208

Merit: 13

TRUSTED CARS ICO

Yes I know, there are a few ICOs in which I did not invest just because they looked to risky in terms of the KYC management, not simply for the project or anything.

Miz

member

Activity: 336

Merit: 12

Hacking private data is not an isolated case for a long time. I really don't understand why they required scans at the ICO stage. What's the point of that?

irfanrete

member

Activity: 168

Merit: 14

KYK data leak? is only intersted in earn money but investments into security and better websites doesn't exist..
Unless an ICO really cares about their customers things like this will keep on happening,
I don't think all ICO's are in the position of running KYC's and their customers judgement is crucial for this, although not everyone understands the risks posting their personal information..

Topic: KYC Data leak - page 4. (Read 800 times)